https://www.taxtmi.com/caselaws?id=128913 Groundnut oil used in the manufacture of vanaspati or soap was treated as a "component part" for section 3(3) of the Madras General Sales Tax Act, 1959, because the statutory phrase was given its ordinary meaning: an article that contributes to the composition of the finished product. The test was not whether the ingredient retained a separate and visible identity after manufacture. As the oil went into the composition of vanaspati, it qualified for declaration forms and the concessional rate of tax for the relevant period before 10 January 1962; the later explanation inserted by Madras Act 44 of 1961 was not applied. en-us Wed, 17 Apr 1963 00:00:00 +0530 Mon, 15 Apr 2013 10:01:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128913 Groundnut oil used in the manufacture of vanaspati or soap was treated as a "component part" for section 3(3) of the Madras General Sales Tax Act, 1959, because the statutory phrase was given its ordinary meaning: an article that contributes to the composition of the finished product. The test was not whether the ingredient retained a separate and visible identity after manufacture. As the oil went into the composition of vanaspati, it qualified for declaration forms and the concessional rate of tax for the relevant period before 10 January 1962; the later explanation inserted by Madras Act 44 of 1961 was not applied. Case-Laws VAT and Sales Tax Wed, 17 Apr 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128913